State Use Industries:
Loans from Other Funds:

In July 1982, the general fund loaned State Use Industries $2,000,000. The loan bears no interest and is
repayable as operational earnings permit with no time limit. The fiscal year 1990 and 1989 budget laws contained
provisions whereby $500,000 of the loan would become null and void each year if State Use Industries increased
inmate employment by a certain level. This was accomplished and, accordingly, the loan was reduced each year by
$500,000. The balance at June 30,1992, is $945,000.

The fiscal year 1993 budget law provides that State Use Industries shall make five annual payments of
$189,000 to the general fund to repay the balance of the loan, beginning in fiscal year 1993.

Maryland Stadium Authority (Authority):
Notes Payable:

In May 1989, the Authority issued lease revenue notes to finance the acquisition of property for the
construction of the Stadium. The principal amount outstanding at June 30, 1992 is $17,450,000, with interest
payable semiannually at rates varying from 9.65% to 10%. The notes mature serially in varying amounts through
2019.

Revenue Bonds:

In November 1989, the Authority issued lease revenue bonds to finance the construction of the Stadium and to
refinance, in part, the costs of acquiring and preparing the property at the Stadium site. The principal amount
outstanding at June 30,1992, is $137,550,000, with interest payable semiannually at rates varying from 6.3% to
7.6% per annum. The bonds mature serially in varying amounts through 2019.

Obligations Under Capital Leases:

Obligations under capital leases of $3,436,000 exist at June 30, 1992. The following is a schedule of annual
future minimum payments under these obligations, along with the present value of the related net minimum
payments at June 30,1992 (amounts expressed in thousands):

Years Ending
June 30,	Amount
1993 .............................................................................	$ 453
1994 .............................................................................	453
1995 .............................................................................	461
1996 .............................................................................	678
1997 .............................................................................	678
1998 and thereafter ................................................................	3,053
Total future minimum payments ......................................................	5,776
Less amount representing interest ....................................................	2,340
Present value of net minimum lease payments ...........................................	$3,436

Maturities of enterprise funds notes payable and revenue bond principal are as follows (amounts expressed in
thousands):

		Maryland
	Community	Water Quality	Maryland	Maryland	Maryland	Maryland
Years Ending	Development	Financing	Food Center	Transportation	Environmental	Stadium
June 30,	Administration	Administration	Authority	Authority	Service	Authority
1993 ........................	$ 107,202	$ 1,015	$ 62	$ 2,455	$ 2,164	$ 1,705
1994 ........................	44,129	2,160	68	2,635	1,979	1,825
1995 ........................	46,892	3,650	76	2,825	1,975	1,950
1996 ........................	51,032	4,855	84	7,785	1,350	2,085
1997 ........................	51,550	5,310	93	8,295	633	2,240
1998 and thereafter ...........	2,014,702	89,756	4,286	248,765	12,759	145,195
	$2,315,507	$106,746	$4,669	$272,760	$20,860	$155,000

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